Politics Is a Scam – Why I Will Never Vote Again
by James Altucher
I had five seconds to make the secretive most powerful man in the world like me so I could potentially make millions. “James,” Bill McCluskey said to me, “this is Alan Quasha.” Bill was CEO of Brean Murray, one of the mini-banks I considered selling my fund of hedge funds to in 2006. We had a deal on the table and I was desperate at the time to make it work. The table was circular, there were papers on it with numbers, I was bullshitting every which way I could about “synergies.” Whatever. That was months later. But first I had to meet Alan Quasha, the owner of Brean Murray, at an event they were throwing, and he had to like me. Because…
Alan Quasha squinted his eyes, shook my hand. He had no idea who I was. I certainly wasn’t anything like George W. Bush, the man Quasha had personally saved in 1986. The man Bush owes his sobriety to. In 1986 Bush was CEO of some oil company that was going down in flames. Possibly the worst oil company in Texas history.
Some calls were made and Quasha’s Harken Oil bought Bush’s company for millions of dollars. Then, of course, a few years later, Bush sold his shares in Quasha’s Harkin Oil right before Harkin Oil announced a mega-loss and the stock tanked. Bush used his profits to buy a stake in the Texas Rangers, sold that stake later for 10-15 million dollars and was finally able to follow his father’s sage advice (“don’t go into politics until you get rich” ***).
Let’s spell out what that means: if Alan Quasha called up W on September 12, 2001 in the middle of Bush pouring over maps of the jungles of Afghanistan to see where we would invade (do they have jungles in Afghanistan? Do we really need an “h” in Afghanistan?), Bush would say “hold all calls,” close the doors of the Oval Office and say “Hi Daddy Number 2?, to Quasha. He owed his life, his livelihood, the Texas Rangers, the Presidency, all to Alan Quasha and now I was shaking Quasha’s hand. I had five seconds to make Alan Quasha like me almost as much as he liked Bush so he would buy my company. Why? Alan Quasha was Chairman of Brean Murray.